tievenny renewable energy limited

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tievenny renewable energy limited Company Information

Share TIEVENNY RENEWABLE ENERGY LIMITED

Company Number

NI611904

Shareholders

stephen carson

Group Structure

View All

Industry

Production of electricity

 

Registered Address

c/o deloitte (ni) limited, the ewart, belfast, BT2 7EP

Website

-

tievenny renewable energy limited Estimated Valuation

£7.5m

Pomanda estimates the enterprise value of TIEVENNY RENEWABLE ENERGY LIMITED at £7.5m based on a Turnover of £6m and 1.26x industry multiple (adjusted for size and gross margin).

tievenny renewable energy limited Estimated Valuation

£11.6m

Pomanda estimates the enterprise value of TIEVENNY RENEWABLE ENERGY LIMITED at £11.6m based on an EBITDA of £3m and a 3.89x industry multiple (adjusted for size and gross margin).

tievenny renewable energy limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of TIEVENNY RENEWABLE ENERGY LIMITED at £3.4m based on Net Assets of £1.3m and 2.7x industry multiple (adjusted for liquidity).

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Tievenny Renewable Energy Limited Overview

Tievenny Renewable Energy Limited is a live company located in belfast, BT2 7EP with a Companies House number of NI611904. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2012, it's largest shareholder is stephen carson with a 100% stake. Tievenny Renewable Energy Limited is a established, mid sized company, Pomanda has estimated its turnover at £6m with rapid growth in recent years.

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Tievenny Renewable Energy Limited Health Check

Pomanda's financial health check has awarded Tievenny Renewable Energy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £6m, make it larger than the average company (£1m)

£6m - Tievenny Renewable Energy Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (2.6%)

70% - Tievenny Renewable Energy Limited

2.6% - Industry AVG

production

Production

with a gross margin of 39.7%, this company has a higher cost of product (62.9%)

39.7% - Tievenny Renewable Energy Limited

62.9% - Industry AVG

profitability

Profitability

an operating margin of 50.1% make it more profitable than the average company (38.1%)

50.1% - Tievenny Renewable Energy Limited

38.1% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (3)

5 - Tievenny Renewable Energy Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.2k, the company has an equivalent pay structure (£65.2k)

£65.2k - Tievenny Renewable Energy Limited

£65.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is more efficient (£287.6k)

£1.2m - Tievenny Renewable Energy Limited

£287.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (17 days)

73 days - Tievenny Renewable Energy Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (22 days)

66 days - Tievenny Renewable Energy Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tievenny Renewable Energy Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tievenny Renewable Energy Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.8%, this is a lower level of debt than the average (96.6%)

80.8% - Tievenny Renewable Energy Limited

96.6% - Industry AVG

TIEVENNY RENEWABLE ENERGY LIMITED financials

EXPORTms excel logo

Tievenny Renewable Energy Limited's latest turnover from March 2022 is estimated at £6 million and the company has net assets of £1.3 million. According to their latest financial statements, Tievenny Renewable Energy Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover5,957,6431,684,7721,727,4451,203,744798,179805,71754,045000
Other Income Or Grants0000000000
Cost Of Sales3,592,0971,044,2951,033,684736,124523,674565,92935,244000
Gross Profit2,365,546640,477693,761467,620274,504239,78818,800000
Admin Expenses-617,656245,750112,496254,322523,679659,78050,905000
Operating Profit2,983,202394,727581,265213,298-249,175-419,992-32,105000
Interest Payable170,141305,493302,792321,428281,619172,58046,426000
Interest Receivable4492434131448000
Pre-Tax Profit2,813,06589,238278,483-107,887-530,381-592,429-78,523000
Tax-534,482-16,955-52,9120000000
Profit After Tax2,278,58372,283225,571-107,887-530,381-592,429-78,523000
Dividends Paid0000000000
Retained Profit2,278,58372,283225,571-107,887-530,381-592,429-78,523000
Employee Costs325,88260,81461,000179,227122,311121,50657,243000
Number Of Employees5113221000
EBITDA*2,983,202423,344592,278226,254-239,565-409,383-32,105000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets5,385,9685,185,9684,950,9544,914,9044,832,4924,980,8411,173,673000
Intangible Assets0000000000
Investments & Other0200,000200,000200,000200,00000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets5,385,9685,385,9685,150,9545,114,9045,032,4924,980,8411,173,673000
Stock & work in progress0650,000600,000494,000564,000564,000286,046000
Trade Debtors1,206,936395,242422,261344,327231,406227,973963000
Group Debtors0000000000
Misc Debtors0160,658108,28138,32420,01020,01010000
Cash01,0367,07411,26653,505111,6963,116000
misc current assets0000000000
total current assets1,206,9361,206,9361,137,616887,917868,921923,679290,135000
total assets6,592,9046,592,9046,288,5706,002,8215,901,4135,904,5201,463,808000
Bank overdraft0463,056468,251463,056463,05600000
Bank loan0000000000
Trade Creditors 652,775145,25556,61132,3376,38492,99224,196000
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments023,5619,4009,4009,4009,4009,400000
other current liabilities020,90352,68229,668218,43737,2247,625000
total current liabilities652,775652,775586,944534,461697,277139,61641,221000
loans04,578,1494,506,6924,489,5974,108,0864,094,0731,428,500000
hp & lease commitments094,76309,40018,80028,20037,600000
Accruals and Deferred Income0000000000
other liabilities4,672,912000035,00035,000000
provisions0000000000
total long term liabilities4,672,9124,672,9124,506,6924,498,9974,126,8864,157,2731,501,100000
total liabilities5,325,6875,325,6875,093,6365,033,4584,824,1634,296,8891,542,321000
net assets1,267,2171,267,2171,194,934969,3631,077,2501,607,631-78,513000
total shareholders funds1,267,2171,267,2171,194,934969,3631,077,2501,607,631-78,513000
Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit2,983,202394,727581,265213,298-249,175-419,992-32,105000
Depreciation028,61711,01312,9569,61010,6090000
Amortisation0000000000
Tax-534,482-16,955-52,9120000000
Stock-650,00050,000106,000-70,0000277,954286,046000
Debtors651,03625,358147,891131,2353,433247,010973000
Creditors507,52088,64424,27425,953-86,60868,79624,196000
Accruals and Deferred Income-20,903-31,77923,014-188,769181,21329,5997,625000
Deferred Taxes & Provisions0000000000
Cash flow from operations2,934,301387,896332,7632,203-148,393-835,952-287,303000
Investing Activities
capital expenditure-200,000-263,631-47,063-95,368138,739-3,817,777-1,173,673000
Change in Investments-200,000000200,00000000
cash flow from investments0-263,631-47,063-95,368-61,261-3,817,777-1,173,673000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans-4,578,14971,45717,095381,51114,0132,665,5731,428,500000
Hire Purchase and Lease Commitments-118,324108,924-9,400-9,400-9,400-9,40047,000000
other long term liabilities4,672,912000-35,000035,000000
share issue-2,278,58300002,278,57310000
interest-170,137-305,489-302,783-321,185-281,206-172,436-46,418000
cash flow from financing-2,472,281-125,108-295,08850,926-311,5934,762,3101,464,092000
cash and cash equivalents
cash-1,036-6,038-4,192-42,239-58,191108,5803,116000
overdraft-463,056-5,1955,1950463,05600000
change in cash462,020-843-9,387-42,239-521,247108,5803,116000

tievenny renewable energy limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tievenny Renewable Energy Limited Competitor Analysis

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Perform a competitor analysis for tievenny renewable energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in BT2 area or any other competitors across 12 key performance metrics.

tievenny renewable energy limited Ownership

TIEVENNY RENEWABLE ENERGY LIMITED group structure

Tievenny Renewable Energy Limited has no subsidiary companies.

Ultimate parent company

TIEVENNY RENEWABLE ENERGY LIMITED

NI611904

TIEVENNY RENEWABLE ENERGY LIMITED Shareholders

stephen carson 100%

tievenny renewable energy limited directors

Tievenny Renewable Energy Limited currently has 1 director, Mr Stephen Carson serving since Mar 2012.

officercountryagestartendrole
Mr Stephen Carson45 years Mar 2012- Director

P&L

March 2022

turnover

6m

+254%

operating profit

3m

0%

gross margin

39.8%

+4.45%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2022

net assets

1.3m

0%

total assets

6.6m

0%

cash

0

-1%

net assets

Total assets minus all liabilities

tievenny renewable energy limited company details

company number

NI611904

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

March 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2022

previous names

N/A

accountant

-

auditor

-

address

c/o deloitte (ni) limited, the ewart, belfast, BT2 7EP

Bank

-

Legal Advisor

-

tievenny renewable energy limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to tievenny renewable energy limited.

tievenny renewable energy limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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tievenny renewable energy limited Companies House Filings - See Documents

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